7031 S Savannah RunKatyTX77493
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Katy at 7031 S Savannah Run, Katy, TX, 77493 generates $5,258/mo in rent and, after a $3,445/mo payment, leaves $153/mo in cash flow. Total monthly income is $5,258/mo, and annual cash flow is $1,835/yr on $231,550 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 8.97% on a $703,800 entry. Equity gained on principal adds $4,542/yr, while 5% annual appreciation builds toward $194,447 over five years. Five-year ROI reaches 109.28% and total cumulative return in cash sums $253,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,258/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
10,750 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77493, Katy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 23,744 (75.7%) |
| Renter Occupied HU | 5,525 (17.6%) |
| Vacant Housing Units | 2,101 ( 6.7%) |
| Median Home Value | $360,331 |
| Average Home Value | $412,471 |
Housing Distribution
Address Breakdown
Residential
28,487
Single Family
26,616
Multi-Family
1,871
Businesses
700
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